Sony Reports Year-End Loss And More Bad News Ahead

Now we know why Sony wanted to announce yesterday that Kazuo Hirai will replace Howard Stringer as CEO in April. U.S. shares are down about 5.4% in pre-market trading after the electronics and entertainment giant released a fiscal 3Q … Read More »

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Sony Pictures Swings To Profit In 2Q While Parent Company Forecasts $1.2B FY Loss

By | Wednesday November 2, 2011 @ 3:52am PDT

Sony delivered a gloomy report as it reeled from problems that ranged from surprisingly low sales of TV sets to floods in Thailand. For the quarter that ended in September, the fiscal 2Q, Sony had a net loss of $350M … Read More »

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